Stricter rules on corporate criminal liability in Germany | Practical Law

Stricter rules on corporate criminal liability in Germany | Practical Law

The article covers the recent draft of the Association Sanctions Act, which would, for the first time in Germany, provide an independent legal basis for sanctioning corporations and other associations in the context of corporate crimes. The proposed changes are not only formal and technical in nature. They would increase the risk for corporations of being held liable for corporate crimes, including substantially higher fines.

Stricter rules on corporate criminal liability in Germany

Practical Law UK Articles w-023-5391 (Approx. 6 pages)

Stricter rules on corporate criminal liability in Germany

by Robert Henrici, Covington & Burling LLP
Law stated as at 01 Jan 2020Germany
The article covers the recent draft of the Association Sanctions Act, which would, for the first time in Germany, provide an independent legal basis for sanctioning corporations and other associations in the context of corporate crimes. The proposed changes are not only formal and technical in nature. They would increase the risk for corporations of being held liable for corporate crimes, including substantially higher fines.
This article is part of the global guide to financial and business crime law. For a full list of jurisdictional Q&As visit www.practicallaw.com/corporatecrime-guide.